The Reserve Bank of India's (RBI) latest Monetary Policy Committee (MPC) decision reflects confidence in the country's growth-inflation dynamics, with stable economic momentum and a gradual normalisation of inflation supporting the continuation of a neutral policy stance, according to Dha
Dharmakirti Joshi, Chief Economist at Crisil, stated that the budget is being prepared under a favourable growth and inflation scenario, though global uncertainty and volatility remain key considerations for the government.
The Reserve Bank of India (RBI) on Friday lowered the repo rate by 25 basis points to 5.25 per cent, a move widely anticipated by markets and interpreted by analysts as a supportive step amid easing inflation and global uncertainties.
The Indian economy is expected to grow at 7 per cent in the current fiscal 2025-26, and subsequently moderate to 6.7 per cent in the next, Dharmakirti Joshi, Chief Economist, CRISIL Limited, told ANI in an exclusive interview.
India's growth story is facing global turbulence, but domestic strengths and a cautious yet evolving trade strategy are expected to cushion the impact, according to economists and analysts.